Former Finance minister P Chidambaram on Tuesday hit out at the Union government terming the demonetisation move as the “biggest scam of the year” and demanded that it be investigated. “It has broken the back of poor people, a case of khoda pahad nikli chuhiya,” Chidambaram said, adding that “not even a national calamity would have caused so much suffering”. The former minister was addressing the media at an event in Nagpur.
“This is an absurd, thoughtless move, and no one in the world has a good word for it. Every major newspaper and economist has condemned it,” Chidambaram said, adding that the government should have at least consulted economists before taking a decision. “Government should have consulted at least Yashwant Sinha, he is their own man. They could have consulted Mr Manmohan Singh. There are over a 100 officers involved in budget making, till today its never leaked. What secrecy is this?”
